ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Markel Group's annualized net income for the quarter that ended in Mar. 2026 was R$-4,441 Mil. Markel Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R$98,143 Mil. Therefore, Markel Group's annualized ROE % for the quarter that ended in Mar. 2026 was -4.52%.
The historical rank and industry rank for Markel Group's ROE % or its related term are showing as below:
BSP:MKLC34'
s ROE % Range Over the Past 10 Years
Min: -1.55 Med: 9.36 Max: 17.77
Current: 9.93
During the past 13 years, Markel Group's highest ROE % was 17.77%. The lowest was -1.55%. And the median was 9.36%.
BSP:MKLC34's ROE % is ranked worse than 57.79% of 507
companies
in the Insurance industry
Industry Median: 11.69
vs BSP:MKLC34: 9.93
Markel Group (BSP:MKLC34) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Markel Group ROE % Related Terms
Markel Group ROE % Historical Data
* Premium members only.
The historical data trend for Markel Group's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Property & Casualty subindustry, Markel Group's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Markel Group ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, Markel Group's ROE % distribution charts can be found below:
* The bar in red indicates where Markel Group's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Markel Group (BSP:MKLC34) has a ROE % of -4.52% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Markel Group and its competitors. According to the industry distribution chart, Markel Group ranks #293 out of 507 companies in the Insurance industry, placing it in the top 57.8%.
Is Markel Group's ROE % too high?
Markel Group's current ROE % is -4.52%. Based on the distribution chart, Markel Group ranks #293 out of 507 companies in the Insurance industry, which is below the industry midpoint. Overall, Markel Group has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Markel Group's ROE % compare to L and WRB?
According to the Insurance industry distribution chart, Markel Group ranks #293 out of 507 companies for ROE %. This places Markel Group in the lower half of its industry. The industry median ROE % is 11.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Insurance company?
The median ROE % among Insurance companies is 11.69, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Markel Group and its competitors. For the Insurance industry, the median ROE % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Markel Group's current ROE % is -4.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Markel Group stock overvalued right now?
Based on GuruFocus' analysis, Markel Group (BSP:MKLC34) is currently considered Fairly Valued. The stock's GF Value™ is R$530.87, compared to a current price of R$500.00 — trading 5.8% below its estimated fair value. The current ROE % is -4.52%. Markel Group's overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Markel Group (BSP:MKLC34), the current ROE % is -4.52% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Markel Group (BSP:MKLC34) Overvalued in 2026?
Based on GuruFocus' analysis, Markel Group stock appears to be undervalued.
The current stock price of R$500.00 is trading 5.8% below its estimated GF Value™ of R$530.87.
GuruFocus considers Markel Group to be Fairly Valued.
Key valuation signals for BSP:MKLC34:
ROE %: -4.52%
GF Value™: R$530.87 vs. price of R$500.00 (5.8% below fair value)
No single metric tells the full story. See the BSP:MKLC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Markel's primary business is property and casualty insurance. The company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little over 10% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.
81GF Score
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